The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios. JPMorgan projects bitcoin will return 10% annually over the next decade in its base case, outpacing its forecasts for U.S. stocks, bonds and gold. The bank’s first range of long-term bitcoin forecasts spans from a 9.7% annual loss in its bear case to a 17% annual gain in its bull case. JPMorgan remains cautious about bitcoin, describi…
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